Americans Plan to Scale Back on Holiday Spending This Year
Americans Plan to Scale Back on Holiday Spending This Year Via Gallup: Americans predict they will spend an average $805 on Christmas gifts this year, significantly below their estimate a year ago ($942) and the lowest October holiday spending projection Gallup has measured since 2016. The sharp decline in Americans' spending intentions since 2019 points to weak holiday sales for retailers. The Sept. 30-Oct. 15 poll also finds 28% of […]
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